The outdoor industry has been hit hard by a tax “avalanche” as new tariff data from Outdoor Industry Association (OIA) indicates that American outdoor businesses have paid an additional $2.6 billion in punitive tariffs over last year, as the trade war with China rages on...
Nike Inc. announced that Thasunda Brown Duckett has been appointed to the company’s Board of Directors. Duckett, 46, is CEO of Chase Consumer Banking, a division of JPMorgan Chase & Co. (NYSE: JPM), where she oversees a banking network with more than $800 billion in...
Zappos.com announced Goods for Good, a new purpose-driven customer experience that makes it easier and more convenient than ever to shop over 150 eco and socially conscious brands....
The Spanish FA (RFEF) confirmed a new kit deal with Adidas to remain as the official kit supplier for the Spanish national team. The new contract extends until December 2030....
Dick’s Sporting Goods announced a preview of its Black Friday Doorbusters, holiday hours and conveniences for busy shoppers, while also releasing the trailer for the Company’s holiday TV spot. ...
Caleres announced the opening of a new Famous Footwear flagship store at 34th Street and Broadway in New York City on Friday, November 15. This will be the largest of the company’s 32 New York metro area stores....
Helped by improved profitability in the Americas region, Mizuno reported net income rose 21.7 percent in the half despite a 1.7 percent sales decline....
Wolverine World Wide Inc. reported earnings per share grew 9.7 percent in the third quarter ended September 28 and exceeded Wall Street’s targets as currency-neutral sales of Merrell, Sperry and Saucony expanded over 11 percent. The company slightly lowered its earnings outlook due to the...
Adidas announced that production at the two Speedfactories in Ansbach, Germany, and Atlanta, GA will be discontinued as of April 2020. The Speedfactory technology, however, will not be abandoned: Adidas said it will be used to produce sneakers at two suppliers in Asia....
Columbia Sportswear Company announced that, in accordance with prior actions by the company’s board of directors, President and CEO Timothy P. Boyle will serve as acting chairman of the board following the passing of Gertrude Boyle....